Meanwhile, a multitude of
competitors andcopycats appear. Some, like Living Social,BuyWithMe, or Facebook's
November 30, 2010: Google reportedly offers $6billion to acquire Groupon.
June 2, 2011: Groupon filed for a $750 million IPO
November 4, 2011: Daily deals site Groupon pricedits initial public offering at $20 a share.
April 4, 2012: Groupon is forced to restate there
earnings claiming that a “material
weakness” in its
internal systems was to blame for the inflation of itsfourth quarter revenue by $ 14.3 million.